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Re: FIN85 post# 1121

Tuesday, 12/30/2014 9:50:34 AM

Tuesday, December 30, 2014 9:50:34 AM

Post# of 8579
Now here's a good moment for me, Sam85, when I get to fully agree with you. This stock has shown enormous volatility, propelled by the low float. When it was generally on an uptrend, there were "squalls" that pushed it down before rebounding. And even during the downtrend, there were days when on an intra-day basis the stock was soaring before falling back.

I do think that it takes enormous skill in trading, far beyond any skill that I have, to capitalize on these large swings. The additional challenge is that the market-makers, in order to protect themselves (if one wants to be kind to that sector of the market), maintain a huge spread between bid and ask prices, so that it is very hard to get in or get out where you want to. And perhaps the greatest challenge may occur when the bulls have a few good days (and I personally believe this is going to happen per my earlier post), as I have visions of what this Board will look like when the bulls begin to ask each other whether it's time to "take the money and run."

I'll end as I began - you are right that low float creates volatility, and that volatility creates opportunity.